The global Alcoholic Beverages market is expected to grow at a sound pace in the times to follow. Several factors such as rising urban population, young adults with high family incomes, high social media influence, and easy access to alcoholic drink are majorly boosting the growth of the Alcoholic Beverages market. Moreover, there has been rising new forms of entertainment such as night parties and spending time at bars due to increasing disposable incomes in developing countries, this fact also impacting positively on the growth of the Alcoholic Beverages market.
Furthermore, especially in the urban areas, high-pressure jobs and the perception that consumption of alcohol is relaxing to the mind are leading to the increased consumption of alcoholic drinks. This fact rises the growth of the market. Additionally, manufacturers of alcoholic drinks are continuously launching new products with added flavors. Curiosity among consumers particularly among millennials is attracting them to try these products, this creates a positive impact on the growth of the Alcoholic Beverages market.
On the downside, excessive consumption of alcohol which is adversely affecting health, especially the health of young adults. This factor is hampering the growth of the Alcoholic Beverages market. As per World Health Organization, alcohol consumption causes death and disability relatively early in life. In the age group 20–39 years, approximately 13.5 % of the total deaths are alcohol-attributable.
Covid-19 Impact on Alcoholic Beverages Market
A pandemic such as COVID-19 has not only affected the smooth operations of food supply chains but also resulted in food insecurity conditions in several nations. Manufacturers working in the sector are facing challenges in regards to operations, supply chain, training, safety, emergency responses, awareness, incident management, recreating business models, digitalization, and other unanticipated impacts. Alcohol, a major component in the beverage industry is facing a devastating effect of a pandemic. Around 13% to 15% of the craft beer sector in the world is in the process of shutting up shop, and the wine industry is in severe distress. Besides, shortage of raw materials caused to shut down of many small to medium food processing companies around the world
Alcoholic Beverages Market Segment Overview
Based on Product Type, the Beer segment has significant growth in the Alcoholic Beverages market. The most crucial factor impacting the demand for beer is its health benefits. It is known to keep the kidneys healthy, cure insomnia, and reduce cholesterol levels, thus pushing the demand for beer. The soluble fiber present in lager beer helps in digestion and lowers the chances of intestinal transit. In addition, beer helps in enhancing bone density and strengthening the bones due to the presence of high silicon content in it. According to Sales Channel, the Specialty Stores is the largest segment in the market.
Alcoholic Beverages Market, By Product Type
· Beer
· Spirits
· Wine
· Others
Alcoholic Beverages Market, By Packaging Type
· Glass Bottles
· Plastic Bottles
· Tins
· Others
Alcoholic Beverages Market, By Sales Channel
· Modern Trade
· Specialty Stores
· Convenience Stores
· Commercial
· Hotels/Restaurants/Bars
· Online Retailers
· Other
Alcoholic Beverages Regional Overview
In terms of region, Asia Pacific is the prominent region in the Alcoholic Beverages market and accounting for the maximum share in the overall market. This is mainly due to increasing urbanization and a growing middle-class population with disposable incomes. Similarly, Europe is the largest region for the Alcoholic Beverages market. According to the latest European health report from the World Health Organization, people in the European Union consume more alcohol than in any other part of the world. As well, Latin America is projected to witness remarkable growth in the forecast period. This is mainly because of rising urbanization and increasing per capita income in this region.
Alcoholic Beverages Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Alcoholic Beverages Market, Key Players
· Carlsberg A/S
· Diageo Plc.
· Suntory Holdings Ltd.
· Brown-Forman Corporation
· Craft Brew Alliance Inc.
· Anheuser-Busch InBev SA/NV
· United Breweries Limited
· Molson Coors Brewing Co.
· Accolade Wines Holdings Australia Pty Limited
· The Wine Group LLC
· Heineken Holding N.V.
· Asahi Group Holdings Ltd.
· Halewood International Holdings Plc
· Bacardi Limited
· Bundaberg Brewed Drinks Pty Ltd
· Constellation Brands Inc.
· The Boston Beer Company Inc.
· Pernod Ricard SA
· DGB Pty Ltd.
· Bronco Wine Company
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Alcoholic Beverages Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product Type
- 5.2.1. Beer
- 5.2.2. Spirits
- 5.2.3. Wine
- 5.2.4. Others
- 5.3. Market Analysis, Insights and Forecast – By Packaging Type
- 5.3.1. Glass Bottles
- 5.3.2. Plastic Bottles
- 5.3.3. Tins
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By Sales Channel
- 5.4.1. Modern Trade
- 5.4.2. Specialty Stores
- 5.4.3. Convenience Stores
- 5.4.4. Commercial
- 5.4.5. Hotels/Restaurants/Bars
- 5.4.6. Online Retailers
- 5.4.7. Other
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East and Africa
6. North America Alcoholic Beverages Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product Type
- 6.2.1. Beer
- 6.2.2. Spirits
- 6.2.3. Wine
- 6.2.4. Others
- 6.3. Market Analysis, Insights and Forecast – By Packaging Type
- 6.3.1. Glass Bottles
- 6.3.2. Plastic Bottles
- 6.3.3. Tins
- 6.3.4. Others
- 6.4. Market Analysis, Insights and Forecast – By Sales Channel
- 6.4.1. Modern Trade
- 6.4.2. Specialty Stores
- 6.4.3. Convenience Stores
- 6.4.4. Commercial
- 6.4.5. Hotels/Restaurants/Bars
- 6.4.6. Online Retailers
- 6.4.7. Other
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Alcoholic Beverages Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product Type
- 7.2.1. Beer
- 7.2.2. Spirits
- 7.2.3. Wine
- 7.2.4. Others
- 7.3. Market Analysis, Insights and Forecast – By Packaging Type
- 7.3.1. Glass Bottles
- 7.3.2. Plastic Bottles
- 7.3.3. Tins
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By Sales Channel
- 7.4.1. Modern Trade
- 7.4.2. Specialty Stores
- 7.4.3. Convenience Stores
- 7.4.4. Commercial
- 7.4.5. Hotels/Restaurants/Bars
- 7.4.6. Online Retailers
- 7.4.7. Other
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Alcoholic Beverages Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product Type
- 8.2.1. Beer
- 8.2.2. Spirits
- 8.2.3. Wine
- 8.2.4. Others
- 8.3. Market Analysis, Insights and Forecast – By Packaging Type
- 8.3.1. Glass Bottles
- 8.3.2. Plastic Bottles
- 8.3.3. Tins
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By Sales Channel
- 8.4.1. Modern Trade
- 8.4.2. Specialty Stores
- 8.4.3. Convenience Stores
- 8.4.4. Commercial
- 8.4.5. Hotels/Restaurants/Bars
- 8.4.6. Online Retailers
- 8.4.7. Other
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Alcoholic Beverages Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product Type
- 9.2.1. Beer
- 9.2.2. Spirits
- 9.2.3. Wine
- 9.2.4. Others
- 9.3. Market Analysis, Insights and Forecast – By Packaging Type
- 9.3.1. Glass Bottles
- 9.3.2. Plastic Bottles
- 9.3.3. Tins
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By Sales Channel
- 9.4.1. Modern Trade
- 9.4.2. Specialty Stores
- 9.4.3. Convenience Stores
- 9.4.4. Commercial
- 9.4.5. Hotels/Restaurants/Bars
- 9.4.6. Online Retailers
- 9.4.7. Other
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Carlsberg A/S
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Diageo Plc.
- 10.6. Suntory Holdings Ltd.
- 10.7. Brown-Forman Corporation
- 10.8. Craft Brew Alliance Inc.
- 10.9. Anheuser-Busch InBev SA/NV
- 10.10. United Breweries Limited
- 10.11. Molson Coors Brewing Co.
- 10.12. Accolade Wines Holdings Australia Pty Limited
- 10.13. The Wine Group LLC
- 10.14. Heineken Holding N.V.
- 10.15. Asahi Group Holdings Ltd.
- 10.16. Halewood International Holdings Plc
- 10.17. Bacardi Limited
- 10.18. Bundaberg Brewed Drinks Pty Ltd
- 10.19. Constellation Brands Inc.
- 10.20. The Boston Beer Company Inc.
- 10.21. Pernod Ricard SA
- 10.22. DGB Pty Ltd.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
